ppt素材 all hands meeting.ppt

* ? 2005 Cisco Systems, Inc. All rights reserved. Session Number Presentation_ID Cisco Confidential * ? 2005 Cisco Systems, Inc. All rights reserved. Session Number Presentation_ID Cisco Confidential Q3 Results number number number text number number number text text l text text Text Analyst’s ReactionValuation TEXT “Text TheaterView 13% FY’06PROJECTION * * * ? 2004 Cisco Systems, Inc. All rights reserved. Presentation_ID FY’06 AddressableMarkets View FieldView IndustryView EconomicView CDOView Wall StreetView CompetitiveView CustomerView The Growth Opportunity Is There * ? 2005 Cisco Systems, Inc. All rights reserved. Cisco Confidential CAGRFY2004–2008 TEXT TEXT TEXT TEXT Gross Margin Trend $M Est. * * Q3 Reaction from street Reversed deceleration for revenue Y/Y Beat expectations for Q3 Raised for FY05 Strong Annual Growth Challenges: Book to bill 1 Focusing on Q1FY06 Note: 25 would be read as greater than 25. * * We did not change any of the internal forecast ranges. We compared them with the following growth rates from LRP (long range planning) and found the original internal forecast ranges were still well inline with the LRP (04-07) forecasts. LRP 04-07 forecasts: ATs 24-28% Routing 10-12% Switching 11-15% * * Gross margins ARE coming down… BUT (click) * ? 2005 Cisco Systems, Inc. All rights reserved. Presentation_ID.scr ? 2005 Cisco Systems, Inc. All rights reserved. Printed in USA.Presentation_ID.scr * ? 2005 Cisco Systems, Inc. All rights reserved. Session Number Presentation_ID Cisco Confidential * ? 2005 Cisco Systems, Inc. All rights reserved. Session Number Presentation_ID Cisco Confidential * * Q3 Reaction from street Reversed deceleration for revenue Y/Y Beat expectations for Q3 Raised for FY05 Strong Annual Growth Challenges: Book to bill 1 Focusing on Q1FY06 Note: 25 would be read as greater than 25. * * We did not change any of the internal forecast ranges. We compared them with the follow